Landmark Centre is a unique opportunity to acquire a best in class stabilized Class A office asset with secure and increasing cash flows. With below market rental rates, future ownership also has the chance to roll new leases to market rates and dramatically increase value.


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Landmark Centre is being offered without an asking price. All prospective buyers are encouraged to present their best offer based on the “as-is, where–is” condition of the property. In addition to this offering memorandum, detailed financial analysis, including ARGUS®, is available upon request.

Square Feet
Floor to Ceiling Glass
Underground Parking
Key Card Access

Investment Highlights


  • Class A Office Asset in Southeast Suburban Sub-Market

    There has been a lack of quality Class A office assets of this condition and size available to investors. The majority of Denver’s office stock under 150,000 SF was constructed in the 1980s and is functionally obsolete with 8’ ceilings, tight corridors, 4’ window mullions, and only surface parking. Landmark Centre was originally a build to suit for GMAC and hence was designed with Class A interior finishes, a floor to ceiling  glass line, 9’ ceilings, and 75% underground structured parking. The asset has recently undergone extensive lobby renovations, as well as various building upgrades such as new roof and fitness center, exterior parking lights and new signage, which provides for minimal capital improvement risk well into the future. Landmark Centre was awarded an Energy Star Label in 2016 for its operating efficiency. Additional building amenities include 24-hour card key access, day porter, and monument signage. Lastly, the building has unparalleled western views overlooking Denver’s strongest executive housing base.

  • Wealth of Amenities Within Walking Distance

    Landmark Centre is conveniently located next to The Village Shops at The Landmark, which provides tenants with easy, walkable access to a variety of amenities. Restaurants at The Landmark include: Ali Baba Grill, Hapa Sushi, Jing, Lila B Lounge, Lucy’s, Pizza Republica, Slattery’s Irish Pub, Ted’s Montana Grill, Yanni’s  Greek Tavern, Grand Cru, and Get Sauced. Additionally, Landmark has a number of retailers and shops including: Landmark Theatres,  Comedy Works, Pure Barre, Velvet Day Spa, Master’s Gallery, HW Home, and Hardcore Pilates & Yoga. The Colorado Athletic Club, as well as Greenwood Athletic & Tennis club are also within close proximity. Having all of these amenities within walking distance gives tenants a variety of options without having to drive or use public transportation.

    Driving is necessary to reach these amenities from the majority of the SES Submarket’s other office assets, but not from Landmark Centre. This is a competitive advantage that separates this asset from others in the marketplace. Landmark Centre’s rare access to this strong concentration of amenities will enable the ownership to push rental rates and always outperform the market in terms of occupancy and tenant retention.

  • Excellent Access and Visibility

    Landmark Centre is located less than a mile from the intersection of two major highways (I-25 and C-470) making it one of the best locations in Denver’s SES Submarket. This asset has tremendous access to the executive housing bases that surround the property.

    Landmark Centre is located between I-25 and Belleview and I-25 and Orchard exits, making the access direct and the property easily accessible from different routes. The property’s proximity to C-470 allows the executive housing bases of Highlands Ranch and Lone Tree the opportunity to access the asset without having to drive on Interstate 25. Executives from Greenwood Village, Cherry Hills and the Preserve can access the Property from Belleview or Orchard roads and do not need to utilize I-25.

    There are few assets in Denver’s SES submarket that have these access/locational attributes. Additionally, Landmark Centre has easy and direct access to Denver International Airport via C-470 and Interstate 225.

  • Underground Structured Parking

    The building enjoys a 3.50/1,000 parking ratio. More importantly, over 75% (199 spaces of the 266), are in a covered underground parking garage. Each one of these covered parking spots could generate approximately $65 a month. The covered parking helps lure new tenants to the building.

    Tenants in Colorado prefer covered parking to surface parking; especially given the variety of seasons in the region. Additionally, there are 67 free surface spaces available for clients and visitors. The property’s covered parking as well as its available surface spaces enhances tenant retention and occupancy.

  • Close Proximity To Denver’s Strongest Executive Housing Base

    Landmark Centre is located in close proximity to some of the most exclusive and expensive housing in the metro area; including nearby Highlands Ranch, Lone Tree, Greenwood Village, Parker, Cherry Hills, Stonegate and Castle Pines. The average household value within Greenwood Village is $889,422, making it a very valuable place to be working and living.

  • Significant Upside Potential Due to Below Market Rents

    The lack of Class A space and new construction in the SES submarket is applying dramatic upward pressure to rental rates.

    In-place rents at Landmark Centre are approximately $22.50 per square foot, $2.00 per square foot below market rental rates. Below market in-place rents, in conjunction with the short term lease expiration of over 40% in the first 3 years of the holding period, provide the opportunity to renew existing tenants at increased rents, thus contributing to significant value creation in the early years of the holding period.

    The future ownership of Landmark Centre will reap the benefits of the SES markets declining vacancy rates and rising rental rates. The asset is well positioned for increased income in the short term, and enduring, stable cash flows thereafter.

  • Discount to Replacement Cost

    Landmark Centre has been recently renovated and will trade at a significant discount to replacement cost. The cost to replace this asset would exceed $300 per square foot, therefore, Landmark Centre will trade at a very attractive price per square foot. The rising construction cost environment coupled with a large amount of new projects breaking ground makes for extremely competitive market conditions for new development.

    Landmark Centre  is a tremendous opportunity to acquire a newly renovated Class A asset at a deep discount to the cost of new development. Additionally, over the course of the past year, rent growth for Southeast Suburban Class A Office space has grown 13.00%. The purchaser of the Landmark Centre will be able to take advantage of the rising Class A rents of the Southeast Suburban Market.

  • Long Term Occupancy of Existing Tenancy & Secure Cash Flow

    Landmark Centre’s quality of construction, design, and locational attributes have resulted in above market tenant retention and historical occupancy levels. Puckett Energy, RG Fowler, and T-Mobile, are a few of the occupants of Landmark Centre that have been in the building over 10 years creating a secure and long term cash flow for the ownership. Over 43% of the asset tenants’ have renewed and/or expanded their leases multiple times.

    The asset has historically outperformed the market and will continue to do so. As a tenant, once you and your employees enjoy the benefits of walkable access to the Shops/ Restaurants at the Landmark, have underground structured parking, and unparalleled western views, it’s hard to leave Landmark Centre.

  • Unobstructed Mountain & City Views

    Landmark Centre offers unobstructed western views of the Rocky Mountains and Denver’s primary office submarkets. Portions of the glass line on the second and third floor are 9’ floor-to-ceiling glass. Due to the asset’s location on the western edge of Greenwood Village, the views to the west are not obstructed by other office buildings and the views overlook the area’s executive housing base and the front range of the Rocky Mountains. The western views and the building’s glass line are rare in the SES submarket and attract the best-in-class tenancy.



This asset has tremendous access to the executive housing bases that surround the property. Landmark Centre is located less than a ¼ mile from the I-25  and Belleview exit and the I-25 and Orchard exit, as well as walkable proximity to the Belleview and Orchard Light Rail stations.

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1499 Blake Street, Suite 1D | Denver, CO 80202